Gold Price Breaks $5,000 Record as Investors Flee Bonds and Currencies
In Asian trading Monday, gold prices shot past $5,000 an ounce for the first time ever, hitting a fresh record. Investors rushed into the metal, seeking shelter in a classic safe haven amid market turmoil. The round-number break matters because it’s not just gold shifting. It signals money is fleeing sovereign bonds and major currencies as politics start bleeding into markets.